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April 11, 2021
ECONOMY FINANCE&BANKING

Development Ministry seeks solutions to increase EU funds’ absorption

Development Minister Sevil Shhaideh has talked on Friday with the heads of the structures administrating the European funds and the representatives of the National Coalition for the Structural Funds Absorption on the simplification of the management procedures for the submitting and assessment of the EU funding applications.

The Development Minister informed that other solutions proposed were the enforcement of a 2pct funding for the beneficiaries and partners of the NGOs, universities, trade unions, other non-profit bodies; the increase of the pre-funding rate for these organisations; the simplification of the reporting and refunding procedures, so that reimbursement is made within a 20-day period; the financial motivation of the public institutions’ servants involved in the unfolding of a project, after closing it; the pay of those involved in the projects’ management.

“The proposition of growing the pre-funding is very good, with the mention that it could only aim at the fields that are not reimbursement eligible (salaries, etc.). At the same time, the NGOs should consider that a guaranteeing tool would be necessary to granting the funding for the implementation of the project,” Minister Shhaideh said, according to Agerpres.

She added that she also agreed with the refunding of the expenses within 20 days, on condition that the beneficiary meets all conditions.

“In a refunding application for an infrastructure project, for instance, the acquisitions are checked to the last screw… All this takes time. Which is why, from my experience, as regards the complex projects, the refunding is usually delayed. This is in particular the case of the Regional Operational Programme 2014-2020, at the Administrative Capacity Operational Programme, where projects do not represent large investments and the shortening of the repay period is possible,” the minister explained.

She announced that she has decided that all application documents for the two programmes to be submitted online and that a system is under construction to allow their registration and viewing through the Internet.

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